Mentioned In 34 Articles

...excessive payouts. Most bankruptcy bonuses must be approved by a judge, even if the arrangements pre-date the Chapter 11 filing. They are also subject to oversight by the company’s board and the United States Trustees’ O...

...r other pleadings filed that could protract the Chapter 11 proceedings; the Bankruptcy Court’s rulings in the Chapter 11 proceedings, including the approvals of the terms and conditions of the DIP financing, and the outc...

...Blocking rights corporate governance provisions designed to prevent management from putting a company in a Chapter 11 case without certain... JD Supra is a legal publishing service that connects experts and their cont...

...The American unit of a UK-based coworking office-space company, IWG—then known as Regus—did, in fact, go into Chapter 11 in 2003, after the dot-com bust.) WeWork always had arguments at the ready to counter such skeptics...

... Offshore Drilling changed incentive programs for their senior management teams in the days before filing for Chapter 11 last month to award them cash sums. “The board and compensation committee, with the advice of their...

...open businesses in parts of the country like Texas and Florida... NEW YORK (AP) — Neiman Marcus has filed for Chapter 11 bankruptcy protection, the first department store chain to do so and the second major retailer to b...

...for years," said Paula Rosenblum, managing partner at Retail Systems Research in Miami. "The best thing about Chapter 11 is you get to get rid of stores that you don't need or want anymore. It's the only way to break a l...

...usiness rather than on the day-to-day handling of the Chapter 11 case. CROs are presumed to know the rules of Chapter 11 – one of which is that a debtor must remain “administratively solvent,” i.e.,maintain sufficient as...

...ssion to approve the plan (of reorganization) through its established regulatory process, so that we can exit Chapter 11, pay wildfire victims fairly and as soon as possible, and participate in the State’s Wildfire Fund,...

...stance for future fire costs. “His list of demands might be hard for the company to accept, putting the whole Chapter 11 timeline in jeopardy,” said Jared Ellias, a bankruptcy law professor at the University of Californi...

...tion, billions of dollars of investor dividends, and on buying political influence. The company’s plunge into Chapter 11, widely viewed as maneuver to avoid legal liability for wildfire victims, has temporarily suspended...

...is a key reason for owning utility stocks. PG&E stock lost a quarter of its value in 2017. The utility sought Chapter 11 bankruptcy protection earlier this year after severe wildfires in 2017 and 2018 resulted in more th...

...26 states... Purdue Pharma, maker of OxyContin, the drug widely seen as igniting the opioid crisis, filed for Chapter 11 bankruptcy on Sunday night, a move at the center of the company’s efforts to shield itself and its ...

Quotes about Chapter 11

I also want to thank Alan for his service and significant contributions over the last year as Trinity navigated its emergence from Chapter 11. His significant contributions have well positioned our company and will allow us to take Trinity into a new and exciting future.

Whether or not Westinghouse files for Chapter 11 is ultimately a decision for its board, and must take into account the various interests of all of its stakeholders, including Toshiba and its creditors.